Il governo turco per svalutare il try
Turkey's foreign trade deficit estimated at $70 billion
Turkey’s estimated imports in 2010 increased to $183 billion, a 30 percent rise compared with 2009 figures, State Minister Zafer Çağlayan said at a press meeting on Wednesday.Minister Çağlayan said the figure was calculated by adding the Turkish Statistics Institute, or TurkStat, data for the first 11 months of the year to projections for December. “[Turkey’s] foreign trade deficit stands at around $70 billion. We expect the ratio of exports to imports to be at 62.5 percent,” Çağlayan said, adding that 2010 exports for the country were estimated to hit $114 billion.Revealing the 2010 estimations, Çağlayan complained about the over-valued Turkish Lira and the high volume of energy imports.
According to figures for the first 11 months of the year, the leading importers to Turkey were Russia, Germany, China, the U.S., Italy, France, Iran, Spain, the U.K. and Ukraine. Imports from these countries constitute $95.5 billion of the total $164.9 billion in imports in the first 11 months of the year.
“Energy resource imports for Turkey, an item that hit $34 billion in the first 11 months of 2010 and was estimated to reach $38 billion by the end of the year, prevent us from taking the foreign trade deficit to a reasonable level and becoming a net exporter.”
“The structure of our foreign trade with Russia and Iran, the two countries in the top 10 of importers to Turkey that we import oil, natural gas and coal from, is quite interesting,” Çağlayan said.
Turkey’s export volume to Russia in the first 11 months was $4.1 billion while imported volume hit $19.1 billion. Exports to Iran in the same period reached $2.7 billion as imports from the Islamic Republic reached $6.9 billion.
“Our trade deficit with these two countries hit $19.2 billion,” Çağlayan said. “Our energy resource imports from these two countries are $20.1 billion. Thus, if we were not obliged to import energy resources, our foreign trade surplus with these countries would be over $1 billion.”
Imports from European Union countries constituted 38.8 percent of the total imports in the first 11 months with a volume of $64 billion, the minister said.
Quoting a 2009 study by TurkStat, Çağlayan said there are 47,352 export and 51,627 import companies in Turkey.
More than 60 percent of imports and exports were made by small or medium sized enterprises employing less than 250 people, he said.
Commenting on criticism of Turkey’s high import volume, Çağlayan said importers in Turkey “are not creatures from outer space,” implying that they were local businesspeople who contribute to the overall economy.“There is no class of importers,” he said. “These are all our industrialist or trader friends that we meet every day.”Repeating his criticism of the negative effects of the strong currency rate on exports, Çağlayan said a 1 percent rise in the real effective exchange rate caused a 0.43 percent rise in imports, according to a study by the ministry.
If the Turkish lira did not gain in 2010, total imports would be approximately $8 billion less,” he said.
. In somma, fossi io, mi terrei i try e non passerei all'euro. HIMO. Ciao
